Use the information below to answer question
An asset was purchase for N343m in 2003.
The estimated life of the asset was 3 years with a residual value of N28m.
A. N63m
B. N133m
C. N36m
D. N28m
Correct Answer:
Option D – N28m
Use the information below to answer question
An asset was purchase for N343m in 2003.
The estimated life of the asset was 3 years with a residual value of N28m.
A. N63m
B. N133m
C. N36m
D. N28m
Correct Answer:
Option D – N28m
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